Local Development
B
GREAT MIDWEST INS CO
Houston,  IL
Rating Date
December 2023
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.71
Risk Adjusted
Capital Ratio #2
2.02
Loss
Ratio
54.40%
Total
Assets
416.82M
Capital
259.31M
Net
Premiums
152.80M
Net
Income
14.09M
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Weiss Ratings GREAT MIDWEST INS CO
Houston, IL 		Click to
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Rating B
Capitalization Index 8.50
Investment Safety Index --
Liquidity Index 6.90
Profitability Index 4.80
Reserve Adequacy Index 6.30
Stability Index 4.60
Company Info GREAT MIDWEST INS CO
Houston, IL 		Click to
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Industry P&C
NAIC Number 18694
Phone Number (713) 935-4800
Website www.skywardinsurance.com
Address 800 Gessner Suite 600 Houston, IL 77024
Balance Sheet GREAT MIDWEST INS CO
Houston, IL 		Click to
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Total Assets 416.82M
Capital and Reserves GREAT MIDWEST INS CO
Houston, IL 		Click to
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Risk-Adjusted Capital Ratio #1 2.71
Risk-Adjusted Capital Ratio #2 2.02
1-Year Reserve Development -8.30%
2-Year Reserve Development -4.50%
Capital 259.31M
Premium to Surplus 58.90%
Reserves to Surplus 32.50%
Investments GREAT MIDWEST INS CO
Houston, IL 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 6.40%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios GREAT MIDWEST INS CO
Houston, IL 		Click to
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Medical Loss Ratio --
Cash From Underwriting 99.60%
Combined Ratio 95.00%
Expense Ratio 40.60%
Loss Ratio 54.40%
Net Premium Growth 42.50%
Other Medical GREAT MIDWEST INS CO
Houston, IL 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability GREAT MIDWEST INS CO
Houston, IL 		Click to
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Net Income 14.09M
Net Premium 152.80M
Health Premium --
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